WASHINGTON — The Information Reporting Program Advisory Committee (IRPAC) today issued its annual report for 2015, including numerous recommendations to the IRS Commissioner on new and continuing issues in tax administration.

Information reporting by third parties is one of the primary ways IRS verifies tax return information. In 2015, the IRS was expected to receive nearly 2.3 billion information returns.

"IRPAC members make an important contribution to tax administration by devoting a great deal of their valuable time assisting the IRS with the most important information reporting issues of the day," said IRS Commissioner John Koskinen.

In the 2015 report, the IRPAC recommends penalty relief for name-TIN (taxpayer identification number) mismatches in cases where filers under current rules are not permitted to access the IRS TIN Matching Program. In addition, the IRPAC requests a new checkbox on Forms W-9 and W-4P to authorize information return filers to validate the payee's name-TIN combination through the IRS TIN Matching Program.

The IRPAC report makes recommendations involving instructions for Form W-9, and the reasonable cause penalty abatement process. The report also contains numerous other recommendations related to the Foreign Account Tax Compliance Act (FATCA), the Affordable Care Act (ACA), cost basis and Form 1099-K reporting, the electronic transmittal of employer-withheld IRS tax levy proceeds, business taxpayer identity theft, treatment of negative interest for U.S. tax information and other issues.

IRS Commissioner John Koskinen congratulated and thanked eight members of the Committee ending their three-year terms this year:

  • Mary Kallewaard, IRPAC Chair, COKALA Tax Information Reporting Solutions, LLC, Ann Arbor, Mich.
  • Julia Shanahan – Columbia University, New York, N.Y.
  • Patricia Schmick – Accounting & Tax Services Inc., Seattle, Washington
  • Paul Banker – Convey, Minneapolis, Minn.
  • Mark Druckman – J.P. Morgan Chase, New York, N.Y.
  • Lynne Gutierrez – Hilltop Securities, Dallas, Texas
  • Jonathan Sambur – Mayer Brown, LLP, Washington, D.C.
  • Vicki Kaner – Amazon, Seattle, Washington

IRPAC members represent financial services and payroll firms, colleges and universities and other types of businesses both small and large.

The full 2015 IRPAC Public Report is available on IRS.gov.

IRPAC is a federal advisory committee formed in 1991 that serves as an organized public forum for discussion of information reporting issues.

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Upcoming Tax Dates

October 9 — Everyone
Federal Holiday (Columbus Day) - Details

October 11 — Employees who work for tips
If you received $20 or more in tips during September, report them to your employer - Details

October 15 — Individuals
If you have an automatic 6-month extension to file your income tax return for 2017, file Form 1040, 1040A, or 1040EZ and pay any tax, interest, and penalties due - Details

October 15 — Corporations
File a 2017 calendar year income tax return (Form 1120) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension Details

October 15 — Partnerships
Electing large partnerships: File a 2017 calendar year return (Form 1065-B). This due date applies only if you were given an additional 6-month extension - Details

October 15 — Social security, Medicare, and withheld income tax
If the monthly deposit rule applies, deposit the tax for payments in September.

October 31 — Certain small employers
Deposit any undeposited tax if your tax liability is $2,500 or more for 2017 but less than $2,500 for the third quarter.

October 31 — Federal unemployment tax
Deposit the tax owed through 09-if more than $500.

October 31 — Social security, Medicare, and withheld income tax.
File Form 941 for the third quarter of 2018. Deposit or pay any undeposited tax under the accuracy of deposit rules .If your tax liability is less than $2,500, you can pay it in full with a timely filed return. If you deposited the tax for the quarter timely, properly, and in full, you have until 11-10 to file the return.

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